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110 chapters · 1,688 sections in this title.
R.I. Gen. Laws § 44-5.3-1. Municipal tangible property tax exemption
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(a) Notwithstanding the provisions of chapter 5 of this title or any other provisions of law to the contrary, in an effort to provide relief for businesses, including small businesses, and to promote economic development, a city, town, or fire district shall provide each tangible…
R.I. Gen. Laws § 44-5.3-2. Reimbursement of lost tax revenue
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(a) Beginning in fiscal year 2025 and for each fiscal year thereafter, cities, towns, and fire districts shall receive reimbursements, as set forth in this section, from state general revenues for lost tax revenues due to the reduction of the tangible property tax resulting from …
R.I. Gen. Laws § 44-5.3-3. Tangible property tax rate cap
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(a) Notwithstanding any other provision of law to the contrary, the tax rate for the class of property that includes tangible personal property for any city, town, or fire district shall be capped and shall not exceed thereafter the tax rate in effect for the assessment date of D…
R.I. Gen. Laws § 44-5.3-4. Removal of certain limitations and requirements
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For assessment dates on or after December 31, 2023, tangible tax rates shall be disregarded for purposes of compliance with limitations on the extent to which the effective tax rate of one class of property may exceed that of another, or requirements that the same percentage rate…
